[avernon]

I think there are enough hackers that come from agricultural communities to give it a little boost. If I had discussed whether cows were evil or not, it looks like it might have gone to the front page!

It is hard to predict consumer taste, but I do think there will be some people that want beef on the hoof. And if you are utilizing holistic management type processes the biggest cost is the land. So the land price can flex down to make grass finished beef more competitive in a way that is harder for feedlots. And there is a lot of crop land, like in Western Kansas, that isn't really sustainable as crop land because they are lowering the water table pretty fast. So that will all go back to range land. Grazing land is already pretty cheap, 1000-1500/acre in most places. They can handle a haircut better than prime land in Iowa that is $5000-$10,000 acre. So more grazing land, more hobby farm and exurb like development. The worst off people are going to be large landowners with prime cropland. It could be a pretty big compression of the Gini coefficient where people that own less land can find other jobs from remote work or better transportation and end up better off even if their land value declines a lot. If your family owns a 10,000 acre corn and soybean farm, labor income can't replace the lost land value.